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Future Perfect Ventures

North America, New York, United States, New York

Description

Future Perfect Ventures (FPV) is a New York City-based early-stage venture capital firm, founded by veteran investor Jalak Jobanputra. The firm is a pioneering investor in the decentralized technology space, with a core focus on blockchain, cryptocurrency, artificial intelligence (AI), and the Internet of Things (IoT). FPV's investment thesis centers on identifying and supporting companies that are building the foundational layers of the next generation of the internet, emphasizing transparency, efficiency, and disintermediation.

Since its inception, FPV has established itself as a significant player in the nascent but rapidly growing decentralized tech ecosystem. The firm primarily targets Seed and Series A rounds, seeking out visionary founders who are leveraging cutting-edge technologies to disrupt traditional industries and create new markets. Their portfolio includes notable companies such as Blockstream, Abra, Aza Finance (formerly BitPesa), Everledger, Figure Technologies, and ConsenSys, showcasing a diverse range of applications within their core focus areas.

Future Perfect Ventures has demonstrated consistent growth in its investment capacity. The firm successfully closed its first fund, Fund I, at $30 million in 2014, establishing its early commitment to the blockchain and emerging tech sectors. Building on this success, FPV announced the closing of its second fund, Fund II, at $50 million in 2021. This increased capital base allows FPV to continue its strategic investments in promising early-stage companies, providing crucial financial and strategic support as they scale.

FPV's long-term vision is to foster a more open, secure, and efficient digital future through its investments. By backing innovative startups at critical early stages, the firm plays a vital role in shaping the landscape of decentralized technologies, contributing to the development of robust and impactful solutions across various industries.

Investor Profile

Future Perfect Ventures has backed more than 58 startups, with 0 new investments in the last 12 months alone. The firm has led 3 rounds, about 5% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United States, Kenya, United Kingdom.
  • Strong thematic focus on Blockchain, Financial Services, Software.
  • Typical check size: $500K – $2M.

Stage Focus

  • Seed (60%)
  • Series A (24%)
  • Pre Seed (5%)
  • Series Unknown (3%)
  • Corporate Round (2%)
  • Angel (2%)
  • Initial Coin Offering (2%)
  • Series B (2%)

Country Focus

  • United States (71%)
  • Kenya (7%)
  • United Kingdom (7%)
  • India (5%)
  • Canada (3%)
  • Cayman Islands (2%)
  • Nigeria (2%)
  • Turkey (2%)

Industry Focus

  • Blockchain
  • Financial Services
  • Software
  • Cryptocurrency
  • Finance
  • Fintech
  • Information Technology
  • Bitcoin
  • Payments
  • Financial Exchanges
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Future Perfect Ventures frequently co-invest with?

Firebolt Ventures
North America, California, United States, Palo Alto
Co-Investments: 3
Pantera Capital
North America, California, United States, Menlo Park
Co-Investments: 9
Blockchain Capital
North America, California, United States, San Francisco
Co-Investments: 9
Valor Equity Partners
North America, Illinois, United States, Chicago
Co-Investments: 2
Digital Currency Group
North America, Connecticut, United States, Stamford
Co-Investments: 12
Great Oaks Venture Capital
North America, New York, United States, New York
Co-Investments: 3
Greycroft
North America, New York, United States, New York
Co-Investments: 3
Lerer Hippeau
North America, New York, United States, New York
Co-Investments: 3
RRE Ventures
North America, New York, United States, New York
Co-Investments: 5
Mosaic Ventures
Europe, England, United Kingdom, London
Co-Investments: 4

Which angels does Future Perfect Ventures often collaborate with?

Gabby Dizon
Asia, Rizal, Philippines, Pasig
Shared Deals: 2
EL
North America, Florida, United States, Miami Beach
Shared Deals: 1
GV
North America, New York, United States, New York
Shared Deals: 1
RH
North America, California, United States, San Francisco
Shared Deals: 2
MK
North America, Massachusetts, United States, Boston
Shared Deals: 1
SAAD ALSOGAIR
Asia, Ash Sharqiyah, Saudi Arabia, Al Khobar
Shared Deals: 2
SK
North America, California, United States, San Francisco
Shared Deals: 2
AG
North America, California, United States, Stanford
Shared Deals: 2
JR
North America, Massachusetts, United States, Boston
Shared Deals: 1
CC
North America, California, United States, Los Angeles
Shared Deals: 1

What are some of recent deals done by Future Perfect Ventures?

Rewiring the Content Economy

Video StreamingWeb3
SeedMar 1, 2024
Amount Raised: $600,000
CapStack Technologies

Miami, Florida, United States

CapStack is a banking system that promotes collaboration among banks and financial services providers to boost asset profitability.

BankingFinancial ServicesFinTechInformation Technology
Pre SeedJul 12, 2023
Amount Raised: $6,000,000
Glystn

San Francisco, California, United States

Glystn is a reliable platform for creator analytics and insights of any scale.

AudioMedia and Entertainment
SeedJun 15, 2023
Amount Raised: $4,000,000
PYOR

Bangalore, Karnataka, India

PYOR has extensive expertise building in crypto and has played major roles in the creation of several large Indian unicorns.

BlockchainCryptocurrency
SeedMay 18, 2023
Amount Raised: $3,989,104
Nudge

San Francisco, California, United States

Nudge is ad generative AI note and documentation company focused on mental health.

Pre SeedJul 1, 2022
Amount Raised: $3,000,000
myNFT

London, England, United Kingdom

myNFT is a multi-chain NFT marketplace.

BlockchainCryptocurrencyMarketplaceVirtual Currency
Series AMay 31, 2022
Amount Raised: $7,000,000
Swoops

Remote, Oregon, United States

Swoops develops and creates a basketball simulation game with the help of blockchain technology.

BasketballBlockchainFantasy SportsInformation TechnologySimulation
SeedFeb 12, 2022
Amount Raised: $3,500,000
UNXD

Santa Monica, California, United States

UNXD is a curated marketplace for the best of digital culture.

Digital MarketingE-CommerceInformation TechnologyMarketplace
SeedJan 16, 2022
Amount Raised: $4,000,000
Mojito

Boston, Massachusetts, United States

The all-in-one web3 platform powering brands & creators

CryptocurrencyWeb3
SeedOct 21, 2021
Amount Raised: $20,000,000
Lexi

Berkeley, California, United States

Enterprise IoT Platform

Internet of ThingsSmart HomeSoftware
SeedAug 1, 2021
Amount Raised: $2,600,000